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Seafood Processing Business Assets for Sale in Ajman

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Seafood Processing Business Assets for Sale in Ajman, United Arab Emirates

UAE-based fish processing company seeks sale and leaseback of land, plant and machinery.
Fish processing company (flagship company) offers its customers the following: A. Fresh fish. B. Frozen fish. C. All other seafood of the best quality. - The company is looking to sell the land building and machinery and then lease it back from the buyer. - The total land area of 37,000 square feet with constructed factory area of 20,000 square feet. - The land & building are valued at AED 12 million, and the plant & machinery are valued at AED 8 million. They are being collectively offered for sale at a price below market value of AED 15 million. - The labor camp behind the factory can accommodate 120 labors. - Company has fresh fish customers in UAE & Oman and generates an annual turnover of AED 12 million with 20% EBITDA margin. - The company exports to GCC countries all kinds of sea foods and exports extensively to Korea, Bangladesh, Vietnam, and Hong Kong. - Generates 80% of sales through the export of the product and 20% of sales through local sales. - Unit has a freezing capacity of 30 tonnes per day and a chiller capacity of 10 tonnes per day. - The company has a cold storage capacity of 1,000 tonnes on the whole. - LLC company with a single owner. - Has a long-term bank loan of AED 10 million.
9   Ajman
Ownership Duration
10-20 year(s)
Industries
Frozen Food + 1 more
Asset Sale
USD 4.1 Mn
Contact Business
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Seafood Processing Business Assets for Sale in Ajman, United Arab Emirates

UAE-based fish processing company seeks sale and leaseback of land, plant and machinery.
Fish processing company (flagship company) offers its customers the following: A. Fresh fish. B. Frozen fish. C. All other seafood of the best quality. - The company is looking to sell the land building and machinery and then lease it back from the buyer. - The total land area of 37,000 square feet with constructed factory area of 20,000 square feet. - The land & building are valued at AED 12 million, and the plant & machinery are valued at AED 8 million. They are being collectively offered for sale at a price below market value of AED 15 million. - The labor camp behind the factory can accommodate 120 labors. - Company has fresh fish customers in UAE & Oman and generates an annual turnover of AED 12 million with 20% EBITDA margin. - The company exports to GCC countries all kinds of sea foods and exports extensively to Korea, Bangladesh, Vietnam, and Hong Kong. - Generates 80% of sales through the export of the product and 20% of sales through local sales. - Unit has a freezing capacity of 30 tonnes per day and a chiller capacity of 10 tonnes per day. - The company has a cold storage capacity of 1,000 tonnes on the whole. - LLC company with a single owner. - Has a long-term bank loan of AED 10 million.
9   Ajman
Ownership Duration
10-20 year(s)
Industries
Frozen Food + 1 more
Asset Sale
USD 4.1 Mn
Contact Business
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